United Gulf Investment Corporation B.S.C.

BAX:UGIC Stock Report

Market Cap: ب.د7.6m

United Gulf Investment Corporation B.S.C Balance Sheet Health

Financial Health criteria checks 5/6

United Gulf Investment B.S.C has a total shareholder equity of BHD40.0M and total debt of BHD17.4M, which brings its debt-to-equity ratio to 43.5%. Its total assets and total liabilities are BHD69.7M and BHD29.7M respectively. United Gulf Investment B.S.C's EBIT is BHD1.6M making its interest coverage ratio 5. It has cash and short-term investments of BHD2.2M.

Key information

43.5%

Debt to equity ratio

ب.د17.42m

Debt

Interest coverage ratio5x
Cashب.د2.20m
Equityب.د40.03m
Total liabilitiesب.د29.67m
Total assetsب.د69.69m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: UGIC's short term assets (BHD39.4M) exceed its short term liabilities (BHD14.4M).

Long Term Liabilities: UGIC's short term assets (BHD39.4M) exceed its long term liabilities (BHD15.2M).


Debt to Equity History and Analysis

Debt Level: UGIC's net debt to equity ratio (38%) is considered satisfactory.

Reducing Debt: UGIC's debt to equity ratio has reduced from 83.7% to 43.5% over the past 5 years.

Debt Coverage: UGIC's debt is not well covered by operating cash flow (4.8%).

Interest Coverage: UGIC's interest payments on its debt are well covered by EBIT (5x coverage).


Balance Sheet


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